1. the chart formed a downwards chanel in the previous weeks of which was brocken down and now the marked went back up to forming a small rising wedge from the upper zone of whech is now brocken by the market to a yellow line whech is regarded as a first support.
Now the market is expected to move up to point 1.08291 to get our entry point for short. The Tp 1 and 2 will be the lower vertical blue lines.
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